News, chat and debate about the Betfair betting exchange.
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Euler wrote: ↑Wed Oct 02, 2019 8:28 amBreaking news: -
https://www.reuters.com/article/stars-g ... SFWN26N00K
Official release: -
https://www.flutter.com/sites/paddy-pow ... up-Inc.pdf
The stars group
Pokerstars is one of the stars group brand names and now Flutter own it, along with Skybetting and Gaming.
Pokerstars has over the last 2 years or so, morphed into a more speedy "grab your $$$" rinse and repeat process. The only real hope of "increasing" profit potential would be for the U.S. to allow a majority of their states to accept on line poker...not gonna happen anytime soon.
Companies like this merge as a form of protection/collaberation when there are difficult times ahead.
The shareholders on the Stars Group will benefit for sure.
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